Photo 1 of 14
$89,000
Sold on 6/27/25
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$590 |
1948 |
On the market:
100 days
|
View full details, 15 photos, school info, and price history
?? Investor Alert – High-Yield Rooming House! Cash Only – $89,000
?? Turnkey Cash Cow | 100% Occupancy | Set Up Like a Triplex
This is your chance to own a high-performing, fully rented rooming house generating $3,200/month gross and $2,500/month net after minimal expenses. That’s approximately 35% annual ROI — a rare find at this price point!
?? Price: $89,000 – Cash Only
?? Appraised at $135,000 – Instant equity!
?? 100% Occupancy with strong management in place
?? Configured like a Triplex – Separate living spaces
?? Minimal repairs needed – hallway subfloor section only
?? No conventional or seller financing – Cash buyers only
?? Price already reduced by $35K – Firm at $89K; seller may consider $79K absolute minimum, but not motivated to negotiate further
Major Updates Include:
? New roof (2 years old)
? HVAC system (5 years old)
? Updated plumbing
? Solid structure and stable tenant base
This is a rare, plug-and-play investment with massive cash flow potential. Great for seasoned investors looking to expand their portfolio with a high-yield, low-maintenance property.
Listing courtesy of George Ansong, Maximum One Greater Atlanta Realtors